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Article
An analysis of inflation and interest rates: New panel unit root results in the presence of structural breaks
Economics Letters (2007)
  • Mauro Costantini
  • Claudio Lupi, University of Molise
Abstract

This paper investigates the order of integration of inflation and interest rates in a panel of 19 countries. The results show that once multiple endogenous breaks are allowed for and appropriate critical values are used, the series appear to be I(0).

Keywords
  • Unit roots,
  • Panel data,
  • Structural breaks
Publication Date
2007
Citation Information
Mauro Costantini and Claudio Lupi. "An analysis of inflation and interest rates: New panel unit root results in the presence of structural breaks" Economics Letters Vol. 95 Iss. 3 (2007)
Available at: http://works.bepress.com/claudio_lupi/5/